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A new overlay area code, 437, started operation on March 25, 2013. [6] [7] That effectively allocates 24 million numbers to a city of 2.5 million people. Area code 942 is scheduled for addition to the 416/647/437 overlay on April 26, 2025. [8] Area code 387 has been reserved for Toronto's future use.
The numbering plan area surrounds the city of Toronto (area codes 416/647/437), leading locals to refer to the primarily suburban cities surrounding Toronto as "the 905" or "905 belt". It is bound by the 519/226/548/382 overlay area in the west, 705/249/683 in the north, 613/343/753 in the east, and Western New York State's 716/624 area on the ...
The Toronto dollar was a paper local currency used in Toronto, Ontario from 1998-2013. It had fixed exchange rates with the Canadian dollar . A lower exchange rate was used when trading Toronto dollars for Canadian dollars than vice versa, and the income from this disparity was used to fund social benefit programs .
Using a mechanism known as the "snake in the tunnel", the European Exchange Rate Mechanism was an attempt to minimize fluctuations between member state currencies—initially by managing the variance of each against its respective ECU reference rate—with the aim to achieve fixed ratios over time, and so enable the European Single Currency (which became known as the euro) to replace national ...
The Euro Interbank Offered Rate (Euribor) is a daily reference rate, published by the European Money Markets Institute, [1] based on the averaged interest rates at which Eurozone banks borrow unsecured funds from counterparties in the euro wholesale money market (or interbank market). Prior to 2015, the rate was published by the European ...
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Area code 705 was created in a 1956 area code split from portions of the 613 and 519 numbering plan areas. After a reduction in geographic coverage in 1962, the numbering plan area was assigned a second area code, 249, in 2011 to form an overlay numbering plan. A third area code, 683, was added in June 2022.
In 1957, the vast northwestern portion of 613 was combined with the northern portion of 519 to receive area code 705. Since 1957, 613 covers only eastern Ontario, an area extending from Brighton and Deep River eastward to Saint Regis, Quebec. Ottawa and its twin city in Quebec, Gatineau, fall on the boundary between 613 and Quebec's area code ...
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